EUR.GBP

**peat** · 15-11-2006, 10:59 PM

next take profit has now been hit at 6774. one contract still open.

**peat** · 23-11-2006, 10:19 PM

long again from 6760.

**peat** · 25-11-2006, 12:25 PM

added at 6768 and now at 6777, slow steady pips without high volatility are okay by me. i can pyramid into this

**peat** · 27-11-2006, 11:48 AM

heh
who says no volatility !
but I can handle 25 pips easier that I can over 100 like on the AUD/NZD (which is now booming of course [8])

trend tested but not broken so far.....

**peat** · 01-12-2006, 01:24 PM

late update just to close the matter : I was stopped and reversed at 6760 and took 20 pips at 6740 yesterday just to help . SO overall was worth playing , tho my bullish predictions havent played out.

**arco** · 08-12-2006, 02:18 PM

Might be a possibility

I coloured the area yellow where a possible reversal south might take place. If/Once Chikou breaks through the price action, Tenkan may also cross Kijun. This could give us a Kumo surfing opportunity, and maybe more.

I am looking closely at the blue area as a long term target, but obviously this can change as short term world events unfold. (Look at that blue area as a price target not a time target).

GTA - arco

**peat** · 13-12-2006, 06:59 AM

strong inflation figures in the UK have assisted with £ strength taking this cross down overnite. chikou and tenkan has crossed on the 3 hourly (some time ago in fact) but only chikou has clearly crossed on the daily. price has now entered the cloud tho, and in fact has already bounced off the lower edge.

**arco** · 13-12-2006, 08:51 AM

Morning Peat

I got taken in on that spike up @ 6776 (8 Dec) which is within the yellow marked area.

Action has been as high at +43, but currently +33 (thats eq to approx +63 pips based on a USD.EUR trade.

Action is through the cloud on all timeframes except daily.

regards - arco

**peat** · 13-12-2006, 09:01 AM

i knew you would get a better price than me arco .... I was there watching it spike to 84 but didnt have the courage lol , but did get in at 59 when I saw a bit more downwards confirmation ....
btw your CAD call came true overnite too.... you really do drink a special kind of tea.